Meridian Energy (MEZ.AX)

Cash on Hand as of June 2024 : C$0.19 Billion

According to Meridian Energy's latest financial reports the company has C$0.19 Billion in cash and cash equivalents.
A company’s cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

Meridian Energy - Cash on Hand chart (from 2014 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	C$0.17 B	-41.46%
2022-06-30	C$0.29 B	127.02%
2021-06-30	C$0.12 B	-16.99%
2020-06-30	C$0.15 B	124.48%
2019-06-30	C$68.81 M	28.8%
2018-06-30	C$53.42 M	-29.68%
2017-06-30	C$75.97 M	-30.12%
2016-06-30	C$0.10 B	85.64%
2015-06-30	C$58.57 M	-77.36%
2014-06-30	C$0.25 B	-17.03%
2013-06-30	C$0.31 B	77.98%
2012-06-30	C$0.17 B	-40.46%
2011-06-30	C$0.29 B	642.72%
2010-06-30	C$39.62 M

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Meridian Energy (MEZ.AX) - Cash on Hand